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Spirulina Powder Market Share

Report ID: GMI2077
Published Date: Aug 2023
Report Format: PDF

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Spirulina Powder Market Share

Some of the major companies operating in the spirulina powder industry are

Cyanotech Corporation
DIC Corporation (Earthrise Nutritionals LLC)
Parry Nutraceuticals (E.I.D. Parry India Ltd.)
NOW Foods
Prolgae Spirulina Supplies Pvt. Ltd.
Dongtai City Spirulina Bio
Engineering Co., Ltd.
Tianjin Norland Biotech Co., Ltd.
Earthrise Spirulina
Algene Biotech
Hydrolina Biotech
Sensient Technologies Corporationm
DIC Lifetec Co., Ltd.
Chenghai Fufa Food Co., Ltd.
Jiangxi Alga Biotech Co., Ltd.
Roquette Klötze GmbH & Co. KG

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Spirulina powder market recorded USD 462.2 million in 2022 and is estimated to reach USD 970.2 million by the end of 2032, due to increasing demand for nutritious superfoods rich in protein and other supplements.

The open pond cultivation method segment reached USD 187.2 million in 2022 and will accumulate strong revenue share through 2032, owing to growing adoption for large-scale spirulina production.

The spray drying application segment held over 40% market share in 2022 and is expected to witness significant growth by 2032, driven by the increasing demand for products with longer shelf lives.

U.S. market size dominated around USD 109.2 million in 2022 and will see significant growth through 2032, attributed to the increasing focus on health and wellness, and high demand for super nutrient foods in the region.